FERC Adopts New Rules Addressing Credit Support Requirements in the Organized Energy Markets


On October 21, 2010, the Federal Energy Regulatory Commission (FERC) announced rules that reform certain credit practices in the wholesale energy markets operated by regional transmission operators and independent system operators (together the Markets). FERC observed that the following credit rule changes will bring greater stability to the Markets:

Shortening the Markets’ billing period and payment period to no more than seven days each; Capping unsecured credit in each Market to no more than $50 million per market participant and no more than $100 million per corporate family; Eliminating unsecured credit for financial transmission rights (FTR).

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Eversheds Sutherland (US) LLP | Attorney Advertising

Written by:


Eversheds Sutherland (US) LLP on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.